Suspected Bitkub-Linked Wallet Moves 34,000 ZEC to Hyperliquid

A wallet estimated to belong to Sakolkorn Sakavee, co-founder and former chairman of Thailand-based crypto exchange Bitkub, transferred 34,000 ZEC worth about $26.1 million to Hyperliquid over the past 24 hours, Lookonchain reported. The address sold 24,000 ZEC, valued at approximately $18.5 million, and bought 238 BTC. It still holds about 10,000 ZEC worth roughly $7.6 million on Hyperliquid, with a related sell order set near $780. The attribution is based on on-chain analysis and has not been officially confirmed.

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